Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-18

Tetra Technologies (TTI)

CEO Brady Murphy was paid $5,133,908 in fiscal year 2025, ↑ up 3.7% from fiscal year 2024, the 78th percentile of its disclosed peer group (SEC filing 0000844965-26-000026 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,133,908 ↑
Brady Murphy total, FY2025
78th
CEO pay percentile vs peers
—
CEO-to-median pay ratio
98.89%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Brady Murphy (President & CEO), FY2025 total compensation $5,133,908 (base salary $735,000) [exec_comp, SEC accession 0000844965-26-000026, filed 2026-04-09]

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TTI's next annual pay disclosure, estimated April 9, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Brady Murphy$735,000$0$1,325,333$0$3,061,825$0$11,750$5,133,908
President & CEO
Elijio Serrano452,4000441,77801,229,195011,1002,134,473
Sr. Vice President & CFO
Matthew Sanderson467,5000331,3330951,356011,7501,761,939
Executive VP & CCO
Timothy Moeller450,0000309,2450812,700011,7501,583,695
Sr. Vice President
Roy McNiven423,0000309,2450794,363012,3501,538,958
Sr. Vice President

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Brady Murphy$5,133,908$4,949,339$5,110,924↑ +184,569
Elijio Serrano2,134,4732,031,3612,245,313↑ +103,112
Matthew Sanderson1,761,9391,570,0561,703,858↑ +191,883
Timothy Moeller1,583,6951,470,3761,800,918↑ +113,319
Roy McNiven1,538,958924,939984,428↑ +614,019

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against TTI
9 companies name TTI as a compensation peer

Each company listed discloses TTI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named TTI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Angela D. JohnIndependent Director$225,426
Christian A. GarciaIndependent Director$236,415
Jay F. GlickIndependent Director$334,673
Julie A. SloatIndependent Director$184,926
Mark E. BaldwinIndependent Director$56,141
Sharon B. McGeeIndependent Director$240,426
Shawn D. WilliamsIndependent Director$225,426
Thomas R. BatesIndependent Director$240,426
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Brady MurphyRSU2025-02-28——349,692—$1,325,333
Matthew SandersonRSU2025-02-28——87,423—331,333
Roy McNivenRSU2025-02-28——81,595—309,245
Elijio SerranoRSU2025-02-28——116,564—441,778
Timothy MoellerRSU2025-02-28——81,595—309,245
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Brady Murphy$1,325,333$0$00.0%
Matthew Sanderson331,333000.0%
Roy McNiven309,245000.0%
Elijio Serrano441,778000.0%
Timothy Moeller309,245000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Brady MurphyRSU371,666—$3,482,510
Brady MurphyRSU349,692—3,276,614
Brady MurphyRSU181,489—1,700,552
Elijio SerranoRSU137,654—1,289,818
Elijio SerranoRSU116,564—1,092,205
Timothy MoellerRSU81,595—764,545
Matthew SandersonRSU87,423—819,154
Matthew SandersonRSU86,034—806,139
Timothy MoellerRSU82,593—773,896
Roy McNivenRSU81,595—764,545
Elijio SerranoRSU60,497—566,857
Brady MurphyRSU57,391—537,754
Matthew SandersonRSU45,373—425,145
Timothy MoellerRSU40,836—382,633
Roy McNivenRSU40,836—382,633
Elijio SerranoOption103,8263.87—
Timothy MoellerRSU25,000—234,250
Elijio SerranoRSU21,256—199,169
Matthew SandersonRSU15,942—149,377
Timothy MoellerRSU12,754—119,505
Roy McNivenRSU12,754—119,505
Elijio SerranoOption74,6867.14—
Elijio SerranoOption139,7064.51—
Matthew SandersonOption66,1774.51—
Matthew SandersonOption54,6453.87—
Timothy MoellerOption16,6184.19—
05

Incentive-plan design — the Compensation Discussion & Analysis

TETRA's compensation philosophy is designed to recruit and retain highly qualified executives while ensuring a significant portion of compensation is tied to performance to align interests with stockholders. The program aims to attract, retain, motivate, reward, and align talent by providing competitive pay and a substantial percentage of 'at-risk' variable compensation based on challenging financial and operational goals.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantPay Governance LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-22100,758,4431,053,73981,97198.89%Passed
20252025-06-1280,134,89510,467,685324,75588.13%Passed
20242024-05-2174,649,5085,931,564445,74192.13%Passed
20222022-05-2464,380,7304,552,784225,18693.09%Passed
20212021-05-2659,762,0292,114,353138,91596.37%Passed
20202020-05-0786,049,5939,383,7491,240,27589.01%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2298.89%a
20252025-06-1288.13%b
20242024-05-2192.13%c

a. Approved under the standard stated in the filing — “For the purpose of determining whether the proposal has received a majority vote, abstentions will be included in the vote totals with the result that an abstention will have the same effect as a vote against the proposal.”.

b. Approved under the standard stated in the filing — “For the purpose of determining whether the proposal has received a majority vote, abstentions will be included in the vote totals with the result that an abstention will have the same effect as a vote against the proposal.”.

c. Approved under the standard stated in the filing — “For the purpose of determining whether the proposal has received a majority vote, abstentions will be included in the vote totals with the result that an abstention will have the same effect as a vote against the proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jay F. GlickIndependent$150,000$184,673———$334,673
Thomas R. BatesIndependent · HCMCC (Chair)105,000135,426———240,426
Sharon B. McGeeIndependent · HCMCC · NGSC (Chair)105,000135,426———240,426
Christian A. GarciaIndependent · Audit (Chair)100,989135,426———236,415
Angela D. JohnIndependent · Audit · NGSC90,000135,426———225,426
Shawn D. WilliamsIndependent · Audit · HCMCC90,000135,426———225,426
Julie A. SloatIndependent · Audit · NGSC49,500135,426———184,926
Mark E. BaldwinIndependent56,1410———56,141
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$100,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)15,000 / 15,000 / 15,000
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$746,630
Equity awards (grant-date value)$997,229
All other compensation$0
Total cost of the board$1,743,859

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Tetra Technologies names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Tetra Technologies.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Aris Water Solutions, Inc.2024Amanda Brock$732,308$6,432,567$0$2,047,576$9,233,151
2Forum Energy Technologies, Inc.2025Neal Lux717,7694,232,10501,196,4636,163,337
3Tetra Technologies2025Brady Murphy735,0001,325,33303,061,8255,133,908
4Oil States International, Inc.2025Cindy Taylor925,0002,400,00301,654,2445,079,386
5Select Water Solutions, Inc.2025John Schmitz800,0003,245,5260681,3524,876,029
6Ranger Energy Services, Inc.2025Stuart Bodden639,4232,534,702003,722,785
7Hawkins Inc.2026Patrick Hawkins743,2692,062,3930736,9843,607,894
8Innovex International, Inc.2025Adam Anderson550,9692,222,4920495,0003,283,511
9Flotek Industries, Inc.2025Ryan Ezell561,9941,356,7500662,8052,604,376
10Nine Energy Service, Inc.2024Ann Fox726,923612,8600577,1602,022,618
—Newpark Resources, Inc.——————not in coverage universe
—KLX Energy Services Holdings, Inc.——————not in coverage universe
—Mammoth Energy Services, Inc.——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Tetra Technologiesnot disclosedRSU 50 · LTIP Units 50not disclosedPay Governance LLC
Aris Water Solutions, Inc.not disclosednot disclosednot disclosedCompensation Advisory Partners, LLC and Pay Governance, LLC
Flotek Industries, Inc.not disclosednot disclosednot disclosedMeridian, Pay Governance
Forum Energy Technologies, Inc.not disclosedPSU 50 · RSU 50not disclosedMeridian Compensation Partners, LLC
Hawkins Inc.not disclosedPRSU 100not disclosedMcLagan
Innovex International, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
KLX Energy Services Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Mammoth Energy Services, Inc.not disclosednot disclosednot disclosednot disclosed
Newpark Resources, Inc.not disclosednot disclosednot disclosednot disclosed
Nine Energy Service, Inc.not disclosednot disclosedNoCompensation Advisory Partners
Oil States International, Inc.not disclosedRSU 50 · PRSU 25 · Cash Performance Award 25not disclosedMeridian Compensation Partners
Ranger Energy Services, Inc.not disclosednot disclosednot disclosedMeridian Compensation Consultants, LLC
Select Water Solutions, Inc.88.1%RSU 50 · PSU 50Yes — Relative Total Shareholder Return (TSR)Meridian Compensation Partners

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Tetra Technologies in fiscal 2025?
As disclosed, Brady Murphy (President & CEO) was the highest-paid executive at Tetra Technologies in fiscal 2025, with total compensation of $5,133,908.
How does Tetra Technologies's chief executive pay compare to its disclosed peer group?
As disclosed, Brady Murphy's total compensation ranked at the 78th percentile of Tetra Technologies's disclosed peer group.
How did shareholders vote on Tetra Technologies's executive compensation?
As disclosed, 98.89% of shareholders supported Tetra Technologies's executive compensation in the latest say-on-pay vote.
How much does Tetra Technologies spend in total on board compensation for fiscal 2025?
As disclosed, Tetra Technologies reported total board compensation of $1,743,859 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Brady MurphyDEF 14A2026-04-090000844965-26-000026Section “Executive Compensation”. As printed: 5,133,908. Filing ↗machine: span 841633–841642
2Section 01, Elijio SerranoDEF 14A2026-04-090000844965-26-000026Section “Executive Compensation”. As printed: 2,134,473. Filing ↗machine: span 851495–851504
3Section 01, Matthew SandersonDEF 14A2026-04-090000844965-26-000026Section “Executive Compensation”. As printed: 1,761,939. Filing ↗machine: span 861118–861127
4Section 01, Timothy MoellerDEF 14A2026-04-090000844965-26-000026Section “Executive Compensation”. As printed: 1,583,695. Filing ↗machine: span 871004–871013
5Section 01, Roy McNivenDEF 14A2026-04-090000844965-26-000026Section “Executive Compensation”. As printed: 1,538,958. Filing ↗machine: span 880607–880616
6Section 03, Brady Murphy RSUDEF 14A2026-04-090000844965-26-000026Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 898558–898567
7Section 03, Matthew Sanderson RSUDEF 14A2026-04-090000844965-26-000026Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 915331–915338
8Section 03, Roy McNiven RSUDEF 14A2026-04-090000844965-26-000026Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 932119–932126
9Section 03, Elijio Serrano RSUDEF 14A2026-04-090000844965-26-000026Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 907408–907415
10Section 03, Timothy Moeller RSUDEF 14A2026-04-090000844965-26-000026Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 924202–924209
11Section 08, Jay F. GlickDEF 14A2026-04-090000844965-26-000026Section “Director Compensation”. As printed: 334,673. Filing ↗machine: span 1349403–1349715
12Section 08, Thomas R. BatesDEF 14A2026-04-090000844965-26-000026Section “Director Compensation”. As printed: 240,426. Filing ↗machine: span 1346570–1346696
13Section 08, Sharon B. McGeeDEF 14A2026-04-090000844965-26-000026Section “Director Compensation”. As printed: 240,426. Filing ↗machine: span 1352419–1352731
14Section 08, Christian A. GarciaDEF 14A2026-04-090000844965-26-000026Section “Director Compensation”. As printed: 236,415. Filing ↗machine: span 1347897–1348209
15Section 08, Angela D. JohnDEF 14A2026-04-090000844965-26-000026Section “Director Compensation”. As printed: 225,426. Filing ↗machine: span 1350910–1351222
16Section 08, Shawn D. WilliamsDEF 14A2026-04-090000844965-26-000026Section “Director Compensation”. As printed: 225,426. Filing ↗machine: span 1355437–1355749
17Section 08, Julie A. SloatDEF 14A2026-04-090000844965-26-000026Section “Director Compensation”. As printed: 184,926. Filing ↗machine: span 1353927–1354239
18Section 08, Mark E. BaldwinDEF 14A2026-04-090000844965-26-000026Section “Director Compensation”. As printed: 56,141. Filing ↗machine: span 1357197–1357578
19Section 06, 2026 voteForm 8-K2026-05-260000844965-26-000042Item 5.07 · say-on-pay result. As reported: 98.89% (votes for as printed: 100,758,443). Filing ↗
20Section 06, 2025 voteForm 8-K2025-06-120000844965-25-000039Item 5.07 · say-on-pay result. As reported: 88.13% (votes for as printed: 80,134,895). Filing ↗
21Section 06, 2024 voteForm 8-K2024-05-230000844965-24-000056Item 5.07 · say-on-pay result. As reported: 92.13% (votes for as printed: 74,649,508). Filing ↗
22Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
23Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
24Section 09b board cost (computed)Computed——Cash 746,630 + equity 997,229 + all other 0 = 1,743,859, summed across the director compensation table rows.machine: formula: Σ = 1,743,859
25Aris Water Solutions, Inc., Section 10b CEO totalDEF 14A2025-04-090001193125-25-076892CEO total compensation as printed in Aris Water Solutions, Inc.'s own proxy. As printed: 9,233,151. Filing ↗machine: r5 · c26 · span 289536–289545
26Forum Energy Technologies, Inc., Section 10b CEO totalDEF 14A2026-03-270001401257-26-000021CEO total compensation as printed in Forum Energy Technologies, Inc.'s own proxy. As printed: 6,163,337. Filing ↗machine: r2 · c21 · span 343952–343961
27Tetra Technologies (subject), Section 10b CEO totalDEF 14A2026-04-090000844965-26-000026CEO total compensation as printed in Tetra Technologies's own proxy. As printed: 5,133,908. Filing ↗machine: span 841633–841642
28Oil States International, Inc., Section 10b CEO totalDEF 14A2026-03-270001121484-26-000017CEO total compensation as printed in Oil States International, Inc.'s own proxy. As printed: 5,079,386. Filing ↗machine: r2 · c21 · span 888287–888296
29Select Water Solutions, Inc., Section 10b CEO totalDEF 14A2026-03-240001104659-26-033864CEO total compensation as printed in Select Water Solutions, Inc.'s own proxy. As printed: 4,876,029. Filing ↗machine: span 1041295–1041304
30Ranger Energy Services, Inc., Section 10b CEO totalDEF 14A2026-04-020001628280-26-023149CEO total compensation as printed in Ranger Energy Services, Inc.'s own proxy. As printed: 3,722,785. Filing ↗machine: r2 · c36 · span 351707–351716
31Hawkins Inc., Section 10b CEO totalDEF 14A2026-06-180000046250-26-000026CEO total compensation as printed in Hawkins Inc.'s own proxy. As printed: 3,607,894. Filing ↗machine: r2 · c42 · span 275539–275548
32Innovex International, Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-129169CEO total compensation as printed in Innovex International, Inc.'s own proxy. As printed: 3,283,511. Filing ↗machine: r2 · c7 · span 475965–475974
33Flotek Industries, Inc., Section 10b CEO totalDEF 14A2026-04-020000928054-26-000033CEO total compensation as printed in Flotek Industries, Inc.'s own proxy. As printed: 2,604,376. Filing ↗
34Nine Energy Service, Inc., Section 10b CEO totalDEF 14A2025-03-060001193125-25-048494CEO total compensation as printed in Nine Energy Service, Inc.'s own proxy. As printed: 2,022,618. Filing ↗machine: r2 · c25 · span 262873–262882
35Section 10a, Aris Water Solutions, Inc. reciprocityDEF 14A—0001193125-25-076892Aris Water Solutions, Inc. names Tetra Technologies in its own disclosed peer group (read from its most recent proxy). Filing ↗
36Section 10a, Ranger Energy Services, Inc. reciprocityDEF 14A—0001628280-26-023149Ranger Energy Services, Inc.'s most recent proxy was read; its disclosed peer group does not include Tetra Technologies. Filing ↗
37Section 10a, Forum Energy Technologies, Inc. reciprocityDEF 14A—0001401257-26-000021Forum Energy Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Tetra Technologies. Filing ↗
38Section 10a, Oil States International, Inc. reciprocityDEF 14A—0001121484-26-000017Oil States International, Inc. names Tetra Technologies in its own disclosed peer group (read from its most recent proxy). Filing ↗
39Section 10a, Nine Energy Service, Inc. reciprocityDEF 14A—0001193125-25-048494Nine Energy Service, Inc.'s most recent proxy was read; its disclosed peer group does not include Tetra Technologies. Filing ↗
40Section 10a, Select Water Solutions, Inc. reciprocityDEF 14A—0001104659-26-033864Select Water Solutions, Inc. names Tetra Technologies in its own disclosed peer group (read from its most recent proxy). Filing ↗
41Section 10a, Innovex International, Inc. reciprocityDEF 14A—0001193125-26-129169Innovex International, Inc. names Tetra Technologies in its own disclosed peer group (read from its most recent proxy). Filing ↗